In range-bound movements, lead prices edged up by 0.08% to Rs 120.60 per kg in futures trade today, largely supported by a firming trend at the domestic spot market on better demand.
However, absence of cues from overseas markets restricted gains.
At the Multi Commodity Exchange, lead for July delivery moved up by 10 paise, or 0.08%, to Rs 120.60 per kg, with a business turnover of 291 lots.
The metal for August delivery traded 5 paise, or 0.04% higher, at Rs 121.25 per kg, with an open interest of 25 lots.
Market analysts said a better trend at the spot markets on pick-up in industrial demand helped lead prices to rise, but absence of cues from London Metal Exchange (LME), limited the gains.
Meanwhile, lead traded flat at $2,718 a tonne at the LME in early trade today.
